diff --git a/Bitcoin/Bitcoin_and_Oil.tex b/Bitcoin/Bitcoin_and_Oil.tex index 308a843..0be6b20 100644 --- a/Bitcoin/Bitcoin_and_Oil.tex +++ b/Bitcoin/Bitcoin_and_Oil.tex @@ -35,13 +35,14 @@ %------------------------------------------------ \section{Introduction \& Overview} \input{./Sections/Intro.tex} +\input{./Sections/Background.tex} \input{./Sections/Key_Questions.tex} \input{./Sections/Bitcoin_Incentives.tex} \input{./Sections/Mining_Structure.tex} \input{./Sections/Mining_Model.tex} \input{./Sections/Mining_elast.tex} \input{./Sections/Reg_elas.tex} -\input{./Sections/Wyoming_hookup.tex} +\input{./Sections/Wyoming_Hookup.tex} \section{Theory} \section{History} %\subsection{Key Events} diff --git a/Bitcoin/Sections/Background.tex b/Bitcoin/Sections/Background.tex new file mode 100644 index 0000000..357af92 --- /dev/null +++ b/Bitcoin/Sections/Background.tex @@ -0,0 +1,61 @@ +%------------------------------------------------ + +\begin{frame}{Background} + \begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment + + \column{.45\textwidth} % Left column and width + \textbf{Natural Gas Flaring} + \begin{itemize} + \item By-product of oil production + \item Remote and high gas oil ratio (GOR) reservoirs + \item Pipelines are expensive + \item Free disposal + \end{itemize} + + \column{.5\textwidth} % Right column and width + \includegraphics[width=\columnwidth,height=0.43\textheight,keepaspectratio]{./img/flaring.jpg} + + + \end{columns} + \begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment +\pause + \column{.45\textwidth} % Left column and width + \textbf{Bitcoin Mining} + \begin{itemize} + \item Bitcoin miners use electricity to earn profit + \item No need for to ship to market + \item Paying oil producers for waste gas + \item Contracts are about \(\frac{1}{3}\) whole sale price + \end{itemize} + + \column{.5\textwidth} % Right column and width + \includegraphics[width=\columnwidth,height=0.43\textheight,keepaspectratio]{./img/Miner.jpg} + + + \end{columns} + +\end{frame} +%------------------------------------------------ + +\begin{frame}{Relvance to Wyoming} + \begin{columns}[c] % The "c" option specifies centered vertical alignment while the "t" option is used for top vertical alignment + + \column{.45\textwidth} % Left column and width + \textbf{Factors of the Wyoming market} + \begin{itemize} + \item Increasing flaring rates + \item Regulatory concerns about emissions + \item Most Bitcoin miner friendlily regulations in the US + \item Period of low temperature + \item Major basins have diffrent GOR + \end{itemize} + + \column{.5\textwidth} % Right column and width + %\includegraphics[width=\columnwidth,height=0.43\textheight,keepaspectratio]{./img/flaring.jpg} + + Filler: Include heat map of US flaring + + + \end{columns} +\end{frame} + diff --git a/Bitcoin/img/Miner.jpg b/Bitcoin/img/Miner.jpg new file mode 100644 index 0000000..2a03691 Binary files /dev/null and b/Bitcoin/img/Miner.jpg differ diff --git a/Bitcoin/img/flaring.jpg b/Bitcoin/img/flaring.jpg new file mode 100644 index 0000000..60554ee Binary files /dev/null and b/Bitcoin/img/flaring.jpg differ